Legal Opinion
Kevin UPTON, Petitioner, v. SECURITIES AND EXCHANGE COMMISSION, Respondent
Court of Appeals for the Second Circuit
Decided January 18, 1996No. 287, Docket 95-4044PublishedCited by 41 opinions
1Opinion of the Court
LUMBARD, Circuit Judge:
Kevin Upton petitions for judicial review, pursuant to section 25(a)(1) of the Securities Exchange Act, 15 U.S.C. § 78y(a)(l), of an order of the Securities and Exchange Commission censuring him for failing reasonably to supervise a subordinate employee who aided and abetted a violation of Rule 15c3-3(e), the Commission’s Customer Protection Rule. 17 C.F.R. § 240.15c3-3(e). The Rule is designed to prevent broker-dealers from using funds or securities held on behalf of customers to finance proprietary and other non-customer transactions, by requiring that the…
2Cases cited10 opinions
- Grayned v. City of RockfordSupreme Court of the United States · 1972
- Grayned v. City of RockfordSupreme Court of the United States · 1972
- Hoffman Estates v. Flipside, Hoffman Estates, Inc.Supreme Court of the United States · 1982
- Gregory v. HelveringSupreme Court of the United States · 1935
- Shalala v. Guernsey Memorial HospitalSupreme Court of the United States · 1995
5 more not listed; retrieve them via the Exa API.
3Cited by41 opinions
- Edward John McCarthy v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 2005
- United States v. Michael CosciaCourt of Appeals for the Seventh Circuit · 2017
- Rock of Ages Corporation v. Secretary of Labor, United States Department of Labor, and Federal Mine Safety and Health Review CommissionCourt of Appeals for the Second Circuit · 1999
- United States Commodity Futures Trading Commission v. WilsonDistrict Court, S.D. New York · 2014
- Kpmg, LLP v. Securities and Exchange CommissionCourt of Appeals for the D.C. Circuit · 2002
36 more not listed; retrieve them via the Exa API.